Question

    All foreign investors in banks may be given voting

    rights that could exceed the present cap of ?
    A 10% Correct Answer Incorrect Answer
    B 15% Correct Answer Incorrect Answer
    C 20% Correct Answer Incorrect Answer
    D 18% Correct Answer Incorrect Answer
    E 25% Correct Answer Incorrect Answer

    Solution

    No shareholder, other than RBI, shall be entitled to exercise voting rights in excess of ten percent of the issued capital, (Government, in consultation with RBI can raise the above voting right to more than ten percent).

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